Bitcoin Hits Fourth-Worst October Since 2013 Amid Historic Liquidation Event

Bitcoin experienced its first monthly loss since 2018 in October 2025, marking its fourth-worst performance in the month since 2013 and ending a seven-year unbroken growth streak. The cryptocurrency fell about 13% from its October peak of over $126,000 to around $110,000, impacted by a major liquidation event and macroeconomic uncertainties including tariffs and export controls announced by President Trump. Despite this downturn, Bitcoin remains a top-performing asset for the year, up over 16-55% depending on the source, and analysts highlight that historically, the fourth quarter tends to be a strong period for cryptocurrencies, suggesting potential recovery ahead. The stablecoin supply has surged past $250 billion, signaling increased liquidity and possible investor readiness to re-enter the market, with metrics like the Stablecoin Supply Ratio indicating Bitcoin may be forming a bottom. While traditional markets like the S&P 500 gained during October, Bitcoin's decline reflects a divergence driven by reduced risk appetite amid global economic instability. Overall, experts remain cautiously optimistic about Bitcoin's medium-term prospects, despite recent volatility and investor hesitance.